The Minister of Commerce and Industry, Dr Hashim Yamani, approved the allocation of areas of land to industrial investors in Qasim, Hassa, Joaf, Tabuk and Hail. The land, which will include areas for 36 industrial projects, with an invested capital of SR244 million, amounts to 159,000 square-metres.
Undersecretary of the Ministry of Commerce and Industry for Industrial Affairs Salih Al-Husseini said that 26% of the industrial projects would be allocated for chemical and plastic industries; 25% for foodstuffs; 20% for metal, electric and electronic products; 19% for marble and ceramics, and 10% for timber furniture and building materials.
Al-Husseini reiterated the keenness of the Saudi Government to provide investors with all possible incentives.
Source: SPA
